$485,052Average Value$315Average Price per Sq Ft14Homes For Sale
Suburb seeing revitalization efforts
Silver Lake is a New Jersey suburb that offers popular local shops, diverse recreation options and several options for making the 13-mile commute to New York City. Split between the towns of Belleville and Bloomfield, this former farmland turned commuter suburb has been seeing revitalization efforts recently. Homes from the 1900s are being renovated and new businesses have been making their way to the area. “It’s going through a transformation right now,” says Louis Wnek Jr., a Realtor with Weichert Realtors, who’s been selling homes in the area for over 11 years. “They’re trying to attract a younger crowd from the New York area, and they’re really concentrated on building that area up. Ten years from now, it’s going to look a lot different.”
Multi-family homes from the $500,000s
Many of Silver Lakes’s 20th-century homes still stand, with some properties getting renovated or reconstructed. The area consists of multi-family homes with two to three bedrooms in each unit and single-family colonial-style and contemporary houses. Most include small lots, and some have driveways and garages. Silver Lake is a very walkable neighborhood with sidewalks and streetlights along most roads. Multi-family homes typically sell for $500,000 to $750,000, while single-family homes go for $350,000 to $600,000. There are also a few one and two-bedroom condo communities that range from $200,000 to $350,000.
Good grades for Bloomfield Schools
Kids in Silver Lake will attend schools in the Bloomfield Township School District. Students may start at Berkeley School with a B-minus from Niche before going to Bloomfield Middle, which also has a B-minus. They may then attend Bloomfield High, which earns a B-plus and has a student-teacher ratio of 12-to-1.
Close to rail stations, Garden State Parkway
Silver Lake offers plenty of ways to commute to New York City and New Jersey hubs. “It’s a target area for New York commuters and people who work at the Clara Maass hospital, which is right at the edge of Silver Lake,” says Wnek. There are two light rail stations in the neighborhood that run to Newark, and Watsessing Avenue station offers service to Hoboken and New York-Penn Station. Several bus lines run along Bloomfield Avenue and take residents to the rest of the surrounding Jersey area. The neighborhood is also bordered by Garden State Parkway, which runs from Paterson all the way down the Jersey Shore to Cape May.
Felton Playground, Branch Brook Park
The nearly 4-acre Felton Playground has baseball and softball diamonds with flood lights for night games and a small children’s play area. Halcyon Park is a small pocket park with a lily-pad covered pond and benches to watch the ducks. Situated on 70 acres, Watsessing Park is just outside the neighborhood and features multiple athletic fields. Branch Brook Park, America's first county park, has the most extensive collection of cherry blossoms in the country, over a dozen sports facilities and a nearly 5-mile trail. “A lot of people go play soccer here on the weekends,” adds Wnek. “Starting in April, you have the cherry blossoms come out. You’ll see a lot of people in the park taking pictures.” Many locals also come to participate in the free “Yoga in the Park” sessions that occur in the spring and summer.
Chains at Franklin Square Plaza
Franklin Square Plaza has a Stop & Shop grocery store and other chains. There’s also an Aldi on Watsessing Avenue and SuperFresh Food World on Belmont Avenue. Pat's Village Deli is a local shop and eatery that’s been open for over 85 years. More popular local restaurants are spread throughout the neighborhood, like Grill Master, which has been serving Portuguese-style barbeque since 2001. La Santa Bar & Grill is a Colombian restaurant and lounge with live entertainment on Fridays and Saturdays, and Belmont Tavern has been offering homestyle Italian eats for over 50 years.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Roy Castro,
an experienced agent in this neighborhood.
Parks in this Area
Watsessing Park
Branch Brook Park
Baseball/Softball
Basketball
Bike Trails
Plaza Felton Field
Watsessing Park Playground
Althea Gibson Tennis Courts
Tennis
Trails
Cherry Blossom Welcome Center
Baseball/Softball
Playground
Parking Lot
Essex County Branch Brook Park Dog Park
Transit
Airport
Newark Liberty International
15 min drive
Train
Watsessing Avenue
Subway
Grove Street
Subway
Silver Lake
Bus
Bloomfield Ave & Berkeley Pl
Bus
Bloomfield Ave & Orange St
Bus
Bloomfield Ave & North 15th St
Bus
Franklin St & Naples Ave
Bus
Bloomfield Ave & Grove St
Bus
Bloomfield Ave & Hill St
Bus
Franklin St 50'W Of Eugene Pl
Crime and Safety
1 - Low Crime, 10 - High Crime
Silver Lake
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
5
4
Burglary
3
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Silver Lake, Bloomfield sell after 38 days on the market compared to the national average of 47 days. The average sale price for homes in Silver Lake, Bloomfield over the last 12 months is $442,265, up 10% from the average home sale price over the previous 12 months.
Welcome to your dream home in Bloomfield, NJ! Incredible opportunity to own a newly renovated two-family home, perfectly positioned on a quiet street, just one block away from the train station for a hassle-free direct commute to Manhattan. This property is perfect for homeowners seeking additional rental income or investors looking for a lucrative opportunity. Features: Unit 1: Features 2
Outdoors presents a welcoming front porch with a new roof recently done in the month of April 2025. As you enter into the foyer the livingroom and dining room are to your right. An updated kitchen, two piece bathroom are on first floor, an area for mudroom with enough room for pantry off back porch. The second floor yields 3 bedrooms and office and full bathroom the office is currently used as a
Charm and quality craftsmanship abound in this 3/4 bedroom colonial located on a quiet cul-de-sac just a few blocks to the Berkeley Elementary School! The gracious front porch leads to a sunny, cheery living room with hardwood floors and an electric fireplace. Design details include barn doors opening to a bright sunroom overlooking the spacious rear yard! First floor open floor plan with a
Step into this beautifully remodeled 4 bedroom, 2 bath home offering the perfect blend of modern upgrades and classic charm. Featuring a brand new kitchen with sleek appliances, new white shaker cabinets, stunning quartz countertops, and more. It's ready for you to move right in! Freshly painted throughout, the home boasts hardwood floors, updated lighting, and thoughtfully finished spaces. The
FOUR ROOMS, Living Room, Galley Kitchen, Separate Dining Area, ONE Bedroom, ONE Bathroom, ONE Garage #27, Extra parking space wait listed. Coin washer & dryer, No pets.
Welcome to this spacious and well-maintained two-family home, perfect for Owner-occupants or investors alike! Each floor features a comfortable layout with 3 generously sized bedrooms, a full bathroom, a bright living room, a formal dining area, and a fully equipped kitchen, offering flexibility and functionality for modern living. The property includes a large unfinished basement, providing
Be the first to move in to this beautifully renovated, two bedroom, first floor apartment. Kitchen offers new Stainless Steel appliances including dishwasher, granite counter top and white cabinetry. Spacious bedrooms, new flooring and freshly painted. Multiple closets and storage within unit, plus additional secured storage space in basement. Washer-dryer hook up available in basement. Great
Welcome home to Parkway Lofts in Bloomfield, New Jersey. Our prime location near the train station and Interstate 280 makes your everyday travels go smoothly. The best shopping, fine dining, and entertainment hot spots are all just a short drive away. If a prime location is high on your list, then you have come to the right place.
Recently renovated, this second-floor unit in a two-family home offers a cozy and functional living space featuring two bedrooms, a bonus room, a full bathroom, a living room, dining room, and an eat-in kitchen. Enjoy the convenience of brand-new appliances, including a refrigerator, dishwasher, and stove, provided by the landlord. Cold water and sewer are included; tenants are responsible for
Interested in learning more about homes in this area?
Reach out to
Roy Castro,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
20,897
Median Age
39
Population Density
24 ppl/acre
Population under 18
22.9%
On par with the national average
23.8%
Population over 65
14.6%
On par with the national average
19.1%
Finances
Median Household Income
$69,474
On par with the national average
$71,702
Average Household Income
$88,645
Education and Workforce
High School Graduates
88.5%
College Graduates
31.8%
On par with the national average
34.1%
Advanced Degrees
12.7%
% Population in Labor Force
66.5%
On par with the national average
65.1%
Weather
Annual Precipitation
46''
Average Winter Low Temperature
26°F
Average Summer High Temperature
86°F
Annual Snowfall
2''
Area Factors
Bikeable
Bike Score®
51/ 100
Very Walkable
Walk Score®
79/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
